Which Colleges Actually Graduate Their Students (and Which Don't)?

A new report, titled "Diplomas and Dropouts," from the American Enterprise Institute begins:

"In the fall of 2001, nearly 1.2 million freshmen began college at a four-year institution of higher education somewhere in the United States. Nearly all of them expected to earn a bachelor’s degree. As a rule, college students do not pack their belongings into the back of a minivan in early September wondering if they will get a diploma—only when. . . . For many students, however, that confidence was misplaced. At a time when college degrees are valuable—with employers paying a premium for college graduates—fewer than 60 percent of new students graduated from four-year colleges within six years."

We have a link to a USA Today story about the report here:
http://www.usatoday.com/news/education/2009-06-03-diploma-graduation-rate_N.htm

As well as a link to where you can download the full 80-page document:
http://www.aei.org/paper/100019